Share this article

Share

TAX EVADER Womenswear retailer Pure Collection has been forced to fork out almost $1million to the US government for tax evasion.

PENSION FAILURE Customers have missed out on pension payments from America's second-largest insurer, Metlife, which failed to give 13,500 people around £14,300 each over 25 years because it stopped trying to contact them.

MORTGAGE SALE A £5.5billionn bundle of mortgages taken on by the taxpayer during the financial crisis has been put up for auction by the Treasury, with a shortlist of bidders including fund managers Pimco, M&G and Cerberus Capital.

GRAY ROLE Asset management titan Blackstone has picked Jon Gray as its next president.